The market research institute Ceresana Research expects the global bioplastics market to reach revenues of more than $2.8 billion in 2018 – corresponding to average annual growth rates of 17.8 percent. High expectations will be placed on the bioplastic industry in future. Bioplastics are supposed to contribute to protecting the climate, provide a solution for the waste issue, reduce the dependence on fossil raw materials, and improve the image of plastic products. With a roughly 48 percent share of global demand, Europe was the largest outlet for bioplastics in 2010, followed by North America and Asia-Pacific.

Dynamic Growth

Over the next eight years, shares in demand of the individual world regions will shift significantly. Ceresana forecasts two regions to considerably influence the bioplastics market: Asia-Pacific and South America. Because of dynamic growth in consumption and production, Asia-Pacific will expand its share of bioplastics demand. As a result, Asia-Pacific will almost draw level with Europe and North America. In addition, South America will see strong growth, mainly as a result of massive increases in production in Brazil.

Demand trends of the individual bioplastic grades show significant regional differences. While PLA demand in North America is projected to rise by 12 percent per year by 2018, it will soar by almost 17 percent per year in Asia-Pacific.

Good Prospects for Bioplastics

In 2010, most demand was accounted for by starch-based plastics, followed by polylactic acid (PLA). Other bio-based plastics (PHA/PHB, cellulose, PBS) as well as fossil-based biodegradable plastics accounted for just less than 17 percent of global demand. Accordingly, biodegradable plastics are currently dominating the bioplastics market with a roughly 92 percent share. Non-biodegradable plastics based on renewable resources are forecasted to increase their market share from 8 percent in 2010 to more than 47 percent in 2018.

Technical progress in production and significant growth in capacities will allow manufacturers to lower prices and therefore to further increase the competitiveness of bioplastics against conventional plastics. New products provide additional growth perspectives: The extended product range allows for using bioplastics in an increasing number of application areas. The report from Ceresana explains how product innovations, new production capacities, legislative changes, and growing environmental awareness will influence the market.

Sales Market Trends

Most important buyers worldwide include manufacturers of bags & sacks. Loose-fill ranks second, closely followed by packaging & films. The automotive & electronic industries as well as other applications (e.g. catering products, hygiene articles, textiles, as well as sports and leisure products) account for just less than one fifth of global demand.

Although bags & sacks as well as loose-fill are expected to register further growth over the next years, packaging & films as well as automotive & electronics will see the biggest gain. Due to an extended range of biodegradable products, these sectors are predicted to record annual increases of more than 30 percent. The study analyzes how bioplastics consumption will develop in the individual markets.

The Study in Brief:

The current Study on Bioplastics comprises 450 pages, including 57 colored graphs and 67 tables. An 8-year review as well as revenue, production, and demand forecasts up to 2018 – split by application area, bioplastic types, and country – provide the information and tools to make important business decisions.

Chapter 1 provides the most important information on the different types of bioplastics and on their manufacture, characteristics, application areas, disposal and recycling, legal situation, and certification.

Chapter 2 is an overview and analysis of the bioplastics market – including forecasts up to 2018. Demand, revenues, and production of each bioplastic grade are explained in detail, as well as their influencing factors. Moreover, you will gain insight into the development of individual regions, global market dynamics, and product innovations.

In chapter 3, the seven most important countries are analyzed in detail: Demand split by bioplastic and by application, such as packaging & films, bags & sacks, loose-fill, automotive & electronics, and others.

Chapter 4 is an in-depth analysis of the application areas of bioplastics. It provides extensive information on demand development and the drivers of demand, split by regions (Europe, North America, Asia-Pacific, and rest of the world).

Chapter 5 informs about production, demand, and revenues of the individual types of bioplastics. Bioplastics analyzed include starch-based plastics, polylactic acid (PLA), other bio-based and biodegradable plastics, non bio-based but biodegradable plastics, and bio-based but non-biodegradable plastics.

Chapter 6 is a useful list of manufacturers including 87 profiles of bioplastic producers – clearly arranged according to contact data, turnover, profit, product range, production sites, profile summary, product basis, and brand names. Companies include BASF, BIOP Biopoymers Technologies, Braskem, Futerro, Mazzucchelli 1849, Metabolix, Nature- Works, Novamont, Rodenburg Biopolymers, Roquette, Synbra Technology, and Zhejiang Hisun Biomaterials.

Ceresana Research
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